Questions to ask the candidates. The correct answers are given.
Q: How do you lower the debt?
A: More revenue and less government expense.
Q: How do you generate more revenue?
A: Slightly higher taxes on the rich.
Q: How do you generate more private sector jobs?
A: Lower the price of American made products while promoting the increase in prices of the competition.
Q: How do you lower the prices of American made products?
A: Keep the Yuan from being pegged to the dollar, inflate the dollar slightly, add a national sales tax to all products while dropping corporate taxes on American companies, especially small companies. If it is legal under our trade agreements, a small tariff should be added to countries with whom we have a trade deficit.
Q: What is another way of generating more private sector jobs?
A: Give more help to the small company and less to the monopolies and mega companies that benefit from size. Encourage product variety and quality.
Q: What is another way of generating more private sector jobs?
A: Eliminate taxes on the middle class. This will increase spending which will increase American jobs which will replace lost revenue from middle class taxes.
Q: What is another way of generating private sector jobs?
A: Increase the price of the competition by a sales tax which will also generate revenue. Small American companies would be exempt from a sales tax.
Q: How do you decrease government expenditures?
A: Make government more efficient. Don’t increase government benefits or wages. Allow government employees to enter the newly increased private sector workforce.
Increasing the prices of foreign competition while lowering the prices for small American business will generate more revenue while at the same time creating more jobs. Government expenditures can lowered by making government more productive and by employing the excess manpower in the newly expanded private sector workforce.
All of the above steps have to be taken. They are all essential.